Argentina's Crop Exports Surges by $2 Billion

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By Wisconsin AGconnection

Argentina's crop exports surged $2 billion in the last three weeks of the year after restrictions were scrapped by the new president, according to exporter group Ciara-Cec. Bloomberg reports that farmers sold $752 million worth of grains and oil-seeds in the last three days of 2015 for an annual total of $20 billion, down 17 percent from a year earlier. Sales in the last few days of the year were almost double the amount of grains and oilseed shipped abroad in the entire month of November.

The export of grains has become more profitable for farmers after... (Read More)